The Leading Economic Index provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term. The Coincident Economic Index provides an indication of the current state of the economy. Additional details are below. The Conference Board Leading Economic Index® (LEI) for the United Kingdom declined by 0.8 percent in August 2023 to 74.2 (2016=100), following a similar 0.8 percent decrease in July. The LEI for the UK contracted by 4.7 percent in the six-month period ending in August 2023, a larger rate of decline than the 3.7 percent contraction over the ... (full story)